The Source for Cyber Insurance News, Insights and Data
At-Bay, the InsurSec provider for the digital age, announced the launch of At-Bay Stance™ Managed Detection and Response (At-Bay Stance MDR). It is a new MDR solution designed to help emerging and mid-sized businesses (SMBs) advance their cybersecurity defenses. The growth of cybercrime and cyber insurance has led to a growing demand for MDR solutions … Read more
Marsh has unveiled plans to launch a comprehensive global cyber practice. The goal? Combine its extensive cyber capabilities encompassing insurance, risk intelligence, incident management, and cybersecurity on a global scale. Tom Reagan, the current Cyber Practice Leader for the US and Canada at Marsh Specialty, has been appointed as the Global Specialty Head of Cyber … Read more
The global cyber insurance market is projected to grow from $9.35 billion in 2021 to $68.17 billion by 2030, at a CAGR of 24.1%, according to a new report by Verified Market Research. The growth is being driven by a number of factors, including: The report segments the global cyber insurance market by deployment model, … Read more
Accenture, a global professional services company, has acquired MNEMO Mexico, a privately held company specializing in managed cybersecurity services. Financial terms of the acquisition were not disclosed. MNEMO Mexico was founded in 2012 and has 229 cybersecurity professionals with 180 cybersecurity industry certifications. The company’s portfolio includes advanced cyber defense and response capabilities, a cyber … Read more
A recent study conducted by QBE Insurance Group has uncovered alarming statistics concerning the susceptibility of businesses to cyber-attacks. The research points to employee errors and inadequate security measures as prime culprits. Among the findings? Nearly a third of employees, comprising 31%, have committed errors with the potential to compromise the cybersecurity of their workplace. … Read more